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MBO Partners · 1 day ago

Senior Fund Accounting Consultant

United States

Contract

Remote

Mid, Senior Level

3+ years exp

MBO Partners is seeking a seasoned fund accounting professional for high-impact consulting engagements with a top global professional services firm. The role involves managing fund accounting processes, coordinating audits, and ensuring compliance with accounting standards while maintaining strong relationships with stakeholders.

AccountingConsultingProfessional Services

Responsibilities

Responsible for the month-end and quarterly NAV, including the pricing, financial reporting, and accounting of the Fund

Coordinate and lead the Fund audit process working directly with external auditors to meet necessary reporting deadlines

Manage and account for partnership transactions, including completing waterfall and carried interest calculations

Manage and account for purchase and sales transactions through their life cycles

Ensure that the Fund and its investments are treated for in accordance with US GAAP and other local GAAP as required

Analytically review monthly/quarterly investment and fund performance data to measure historical performance to forecast future fund performance

Produce cash flow, total rate of return and profitability analysis to support portfolio managers

Prepare and monitor covenants and report to management on overall debt position

Track tax strategies and ensure appropriate application within the fund and its investments

Maintain an excellent and collaborative relationship with internal and external partners

Lead the identification and implementation of process and system enhancements

Seek to introduce automation and standardization to create a strong control environment

Manage, develop, train, coach and mentor staff on projects and assess performance for engagement and year-end reviews

Meet or exceed targeted billing hours (utilization)

Other duties as assigned

Qualification

Fund accounting experienceInvestment fund softwareAccounting information systemsCPACollaboration with Fund AccountantsFinancial reportingClient service experienceTeam management

Required

Bachelor's degree in Accounting

3-8 years of fund accounting experience

Good working knowledge of accounting information systems (e.g. general ledgers, accounting software, etc.)

Minimum 5 years of experience collaborating with other Fund Accountants and cross function experienced professionals

Thorough knowledge of investment fund software such as Investran, Geneva, OneSource, DFIN Arc Reporting, etc

Thorough experience with complex investment and fund structures (master funds, blocker and standalone entities, feeder funds, liquidated funds, and newly commenced funds)

Experience working with Fund Portfolio Managers and Controllers

Experience assisting client service and marketing teams in client due diligence meetings, including presenting, and answering client questions